Speaker 1: You're listening to kf I AM six forty the Bill
Speaker 1: Handle Show on demand on the iHeartRadio f.
Speaker 2: Bill Handle. Here. It is a Thursday morning, January thirtieth.
Speaker 1: Now we have a sort of a modification going in
Speaker 1: because we're waiting for President Trump with a press conference
Speaker 1: and we don't know, you know, what time he's coming
Speaker 1: in schedule for eight o'clock. You know, the only president
Speaker 1: has ever been i mean on time to the second
Speaker 1: was George W.
Speaker 2: Bush, who was tremendous.
Speaker 1: Eight o'clock started at eight o'clock. So we'll wait for
Speaker 1: the President to come in and talk about.
Speaker 2: What he's going to talk about, because it's.
Speaker 1: Always interesting stuff even though he talks forever. So you know,
Speaker 1: so this will go right through the end of Gary
Speaker 1: and Shannon in probably half of John and Ken's show
Speaker 1: this afternoon, so we'll cut out of it at some
Speaker 1: point maybe, all right, Joel Larsguard is with us, and Joel,
Speaker 1: we're going to interrupt you when this happens.
Speaker 2: And Joel is a host of How.
Speaker 1: To Money Sunday twelve to two pm is Social Is
Speaker 1: at How to Money.
Speaker 2: Joel, Joel, good morning, morning, Bill.
Speaker 1: Okay, let's start right off the bat where we think
Speaker 1: our savings are keeping up with inflation, are we or
Speaker 1: are we going south again?
Speaker 3: Also, it's interesting there's this new survey from wallet hub
Speaker 3: and something like two thirds of people said, I don't
Speaker 3: feel like I'm keeping up with inflation the money that
Speaker 3: I have in savings. And I think there's a couple
Speaker 3: reasons for that. One is which there are a lot
Speaker 3: of people who are whose savings are not keeping up
Speaker 3: with inflation because they're with one of the giant banks
Speaker 3: and they're getting paid zero point zero one percent on
Speaker 3: their savings account, whereas they could migrate elsewhere and get
Speaker 3: paid north of four percent. And if you're getting paid
Speaker 3: north of four percent, your savings actually is outpacing inflation.
Speaker 3: But yeah, if you're with the wrong bank, you're not
Speaker 3: out pacing in plation. So I do think there's truth
Speaker 3: a lot of people are saying I don't feel like
Speaker 3: my savings is keeping up, and it's not. But I
Speaker 3: think the other thing is just kind of emotional, especially
Speaker 3: when you see something like the cost of eggs and
Speaker 3: it just continues to go up with the bird flu
Speaker 3: and we've had trouble with egg price increases over the
Speaker 3: last couple of years anyway, and you see stuff like that,
Speaker 3: or it feels like things are still getting more expensive
Speaker 3: even though prices are moderating, and I think some of
Speaker 3: that is just still kind of vibes.
Speaker 2: Yeah, the egg thing is kind of insane.
Speaker 1: Yesterday I went to the store. I do the shopping,
Speaker 1: and one of the things about my lady Lindsey is
Speaker 1: she's into healthy eggs. Healthy for the chicken eggs, halfy healthy,
Speaker 1: non caged, you know, running around, pasture free or whatever
Speaker 1: the hell it was.
Speaker 2: I cattle more.
Speaker 3: Pardon, I said, those costs even more.
Speaker 2: Oh, you have no idea.
Speaker 1: So I'm looking at the egg aisle, you know, the
Speaker 1: little that refrigerator section. We have eggs in a big
Speaker 1: song saying we apologize for shortage of eggs. We have
Speaker 1: no control and their supply side problems here supply chain
Speaker 1: because we know the A flew.
Speaker 2: So the eggs, those cage free, pasture eggs, chickens.
Speaker 1: I don't even know what they call those running around chickens.
Speaker 1: It was for a dozen eggs, seventeen dollars.
Speaker 3: You're kidding, No, I'm not.
Speaker 2: Those were the high end eggs, you know, they literally are.
Speaker 1: I don't know, Kipster whatever the hell, or Happy Eggs
Speaker 1: is another brand they have where they don't cage the
Speaker 1: chickens at all, and so I end up bar It
Speaker 1: was just, oh, it was insanity.
Speaker 2: It was insanity with the prices.
Speaker 1: So I ended up buying the cheap eggs, eighteen of them,
Speaker 1: the cheap o creepo ones where they keep the chickens
Speaker 1: in cages and they don't move around and it's horrific.
Speaker 1: But that was fourteen bucks for eighteen ages. Yeah, I know,
Speaker 1: it was insanity. It was insanity, all right. Back we
Speaker 1: go to the savings issue and one of the things
Speaker 1: I'm with Chase Bank and I remodeled my house, so
Speaker 1: I had money going to my checking account because it
Speaker 1: remodels are insanely expensive. And my banker said, don't keep
Speaker 1: the money in that checking account. We can put it
Speaker 1: in in one day. You keep it into our money
Speaker 1: market account. And there's my four and a half percent.
Speaker 1: And it was my banker at Chase suggested that, so
Speaker 1: to save me money. Of course he got fired immediately
Speaker 1: because they love the fact that they rt me off.
Speaker 1: But let's talk about doing as much savings as you can.
Speaker 1: The highest interest rate you can within your bank.
Speaker 3: Yeah, So I think that's a really important thing to
Speaker 3: mention is that some of these banks do have other
Speaker 3: ways for you to get higher rates. First, you're just
Speaker 3: in their basic savings account that you look at online.
Speaker 3: They might you might see oh, the point zero one percent,
Speaker 3: but maybe there are other products and there might be
Speaker 3: like you mentioned, money market accounts, Like let's say somebody
Speaker 3: has an account with Fidelity and they have a lot
Speaker 3: of do a lot of they're investing there or Vanguard.
Speaker 3: There are money market funds that you can that you
Speaker 3: can stick your your cash in that you want to
Speaker 3: stay liquid and you're going to earn in that kind
Speaker 3: of four point three ish percent range right now. So
Speaker 3: you can go with a highlod Savans acount, you can
Speaker 3: go with a money market account. And some of these
Speaker 3: online banks that I love, those rates have gone down some,
Speaker 3: but guess what, they're still higher than the point zero
Speaker 3: one I guess That's what I want to stress is
Speaker 3: if you have a decent chunk of cash lying around,
Speaker 3: you don't necessarily need to go to a CD and
Speaker 3: lock that money up. You just need to migrate to
Speaker 3: a high old Savans account. And I don't want people,
Speaker 3: you know, jumping to score an extra point one or
Speaker 3: point two percent. But if we're going from literally getting
Speaker 3: paid nothing on your money to getting paid something meaningful
Speaker 3: four plus percent, you will outpace inplation. And your money
Speaker 3: isn't like every day that your money is sinning in
Speaker 3: an account that's turning two point zero one percent, your
Speaker 3: money is losing buying power. So that's why I just
Speaker 3: want people to do something at least that's not harming
Speaker 3: them actively harming their finances.
Speaker 1: Let's just say, take a quick visit about the warning
Speaker 1: that you always get the disclaimer. You put it in
Speaker 1: a money market account, you put it into one of
Speaker 1: these broker's accounts that is not ensured by the government.
Speaker 2: How important is that.
Speaker 3: That's true? I mean, I don't think it's terribly important.
Speaker 3: I do like FDIC insurance, but I don't know that
Speaker 3: it's crucial, right, I think the biggest thing I want
Speaker 3: people to avoid there are some something known as neobanks,
Speaker 3: and they're popping up all over the place, and there's
Speaker 3: these fintech startups and they're backed by other banks, and
Speaker 3: there have been some issues in the neobank space in
Speaker 3: recent months where some of them have kind of shut down,
Speaker 3: or some of the people who are who are banking
Speaker 3: with some of these little upstarts. They sound great and
Speaker 3: they've got these great perks, and hey, maybe you're going
Speaker 3: to get access to your paycheck early and maybe the
Speaker 3: rate so they're paying is significant. But they're not actual banks.
Speaker 3: They're just kind of backed by this random other bank,
Speaker 3: and so they save their FDIC insured. But when you
Speaker 3: try to get your money back as the fintech goes bus,
Speaker 3: you're kind of trying to claw back and you don't
Speaker 3: know which institution to reach out to, and so some
Speaker 3: people have been in limbo for months and months and
Speaker 3: months trying to figure out how how am I going
Speaker 3: to get access to this money, even though it's technically
Speaker 3: FDIC insured. So if you're going to go with an
Speaker 3: online bank, don't go with a neo bank, go with
Speaker 3: an actual online bank. And so some of my favorites
Speaker 3: are like Discover c t ally, those are actual online
Speaker 3: banks and they are you know, money that you have
Speaker 3: in savings there is backed up by the FDIC, So
Speaker 3: I do like having your liquid savings there, and just
Speaker 3: sometimes it's just easier to have a savings account. So
Speaker 3: again I think I think Hoyo savings accounts are the
Speaker 3: way to go.
Speaker 2: Okay, let's take a break. Ready to come back. We've
Speaker 2: got more to talk about.
Speaker 1: And that's assuming that President Trump does not start his
Speaker 1: press conference.
Speaker 2: We'll be right back with Joel. You're listening to Bill
Speaker 2: Handle on demand and from KFI am six forty.
Speaker 1: President is still speaking. One of the things about President
Speaker 1: Trump is he does not give short, short press conferences.
Speaker 1: And I pulled away from the press conference because earlier,
Speaker 1: as he started, it was about the crash in Washington,
Speaker 1: that aircraft, civilian aircraft crashing with a military helicopter. It
Speaker 1: was a mid air collision. Of course, everybody died, sixty
Speaker 1: four people. He was talking about that.
Speaker 2: Which is his job.
Speaker 1: I don't know if he's gone beyond that, because I'm
Speaker 1: going for the rest of the show. Amy.
Speaker 2: Have you been following along.
Speaker 3: And have I.
Speaker 2: Did I do it wrong in pulling away?
Speaker 1: Have you gotten any new information?
Speaker 4: No, he hasn't really given out any new information except
Speaker 4: he did say that his FAA is going to be
Speaker 4: better and criticize the DEI policies of previous administrations.
Speaker 2: Because that's what because it's a DEI.
Speaker 1: Air traffic control system and certainly a DEI American airline
Speaker 1: system and the helicopter pilots. I guess we're part of
Speaker 1: a DEI program. Okay, go figure now before I get
Speaker 1: to Valentine, and I'll tell you about that in our
Speaker 1: last segment. And he's with my FM and there's a big,
Speaker 1: big iHeart concert going on a little bit about RFK
Speaker 1: because I was looking forward to Robert Kennedy's first confirmation hearing,
Speaker 1: and he.
Speaker 2: Did not disappoint He did not.
Speaker 1: First of all, he's going to get every Republican, virtually
Speaker 1: a Republican he's going to get confirmed, because at this point,
Speaker 1: it doesn't matter who President Trump puts in front of
Speaker 1: the Senate to confirm a nomination, that person is going
Speaker 1: to get it.
Speaker 2: Kennedy is one of the more.
Speaker 1: Not questionable. But yeah, let's say now, I'll say questionable,
Speaker 1: interesting certainly, maybe controversial. And that's because number one, he's
Speaker 1: a conspiracy theorist and he's anti vax Now he said
Speaker 1: he wasn't He deflected his brains off yesterday. By the
Speaker 1: way I sort of made fun of him and the
Speaker 1: way he speaks. That was not fair. He has a
Speaker 1: medical condition called spasmodic dysphonia, certain muscles in his larynx spasm.
Speaker 1: So it's not fair for me to have said that,
Speaker 1: But it is difficult to understand him in many cases. Okay, Now,
Speaker 1: the Republicans love him because he's a Trump nominee. Tillis,
Speaker 1: Senator Tom Tillis of North Carolina said, I think you're
Speaker 1: handling yourself very well. Okay, fair enough. When talking to
Speaker 1: and asked, are you a conspiracy theorist? Kennedy said, no,
Speaker 1: that's a pejorative that had been applied to him. Of
Speaker 1: course not, And I'm being accused of that mainly to
Speaker 1: keep me from asking difficult questions powerful interests, even though
Speaker 1: he's a straight out conspiracy theorist, or certainly has been.
Speaker 2: The other Republican Todd Young of Indiana.
Speaker 1: Will you work to restore public trust in public health institution?
Speaker 2: Kennedy said, I will through radical transparency.
Speaker 1: Don't know what that means.
Speaker 2: Now.
Speaker 1: The one Republican who he had some issue with, Senator
Speaker 1: Bill Cassidy of Louisiana, chairman of the Senate Health Committee.
Speaker 2: He's a doctor and he's looking at.
Speaker 1: This going wait a minute, now, there's more to this
Speaker 1: than just Trump nominates, and I confirm. One of the
Speaker 1: questions that he asked is about Medicare and Medicaid, and
Speaker 1: Kennedy was sort of mixed the two up.
Speaker 2: Medicare is for everybody over sixty five. Medicaid is that
Speaker 2: covers low income people.
Speaker 1: And when Cassidy asked him, how would you invest how
Speaker 1: would you integrate the two programs? How would you do it?
Speaker 1: Kennedy said, I don't know the answer to that. I
Speaker 1: look forward to exploring options with you. Another point, he
Speaker 1: said of Medicaid, the premiums are too high, deductibles are
Speaker 1: too high, and everybody's getting sicker, except that Medicaid people
Speaker 1: don't pay a dime.
Speaker 2: There are no deductibles, there are no premiums. As for
Speaker 2: four people, you know what as for poor people? You
Speaker 2: give him a break on that.
Speaker 1: I don't know how big a deal that is, because
Speaker 1: you can't expect the nominee to know everything, and you
Speaker 1: would expect Cassidy, who's a doctor, to know a lot more.
Speaker 1: But it is his vactinet vaccine skepticism, skepticism. Kennedy's that
Speaker 1: just that's going to be the big one, and the
Speaker 1: Democrats just keep on nailing him and asking Kennedy's past
Speaker 1: statements pushed him hard, including abortion, because he was pro
Speaker 1: abortion when he was running for president and he was
Speaker 1: pro abortion and all of a sudden, now no, I'm
Speaker 1: not pro abortion. I believe in what President Trump is
Speaker 1: that every abortion is a tragedy.
Speaker 2: Are you you've switched all over the place, mister Kennedy, yes, no,
Speaker 2: which no? A Republican senator asked, which one? I believe
Speaker 2: that every abortion is a tragedy?
Speaker 1: Okay, good enough, and then Senator Michael Bennett, Democratic Colorado brought.
Speaker 2: Up Kennedy's statements. Claimed he has.
Speaker 1: Said COVID was targeted to attack Caucasians and black people
Speaker 1: to spare Chinese people.
Speaker 2: And Ashkenazi Jews.
Speaker 1: That's really weird because the only issue, the only connection
Speaker 1: between Chinese people and Askanaji Jews Christmas or on Yum Kippur,
Speaker 1: where Ashkaranazi Jews go to Chinese restaurants. I mean, that's it.
Speaker 1: And Kennedy said line disease was highly likely to be
Speaker 1: an engineered bioweapon.
Speaker 2: Kennedy was asked, outright, did you say that he goes?
Speaker 2: I probably did.
Speaker 1: Say that, and then the Republicans sleft that one right over.
Speaker 1: I forgot which the Republican. I wish I had the name,
Speaker 1: because I was so stunned that I didn't even pay
Speaker 1: attention to the name during the questioning period, said of Kennedy,
Speaker 1: Kennedy was put here by God to run our healthcare system.
Speaker 1: I think here's the problem with by God. Everybody you know,
Speaker 1: He's always been put whoever it is, put here by God.
Speaker 2: Let me tell you, folks that think that God puts
Speaker 2: people in place.
Speaker 1: God is too busy watching football games during football season. Okay,
Speaker 1: every team prays to God and the winner, well, God
Speaker 1: like that team better that week. I have a tough
Speaker 1: time with people being put here by God to do
Speaker 1: a B, C, D or E. Don't buy it all right.
Speaker 2: Coming up, it's gonna be Valentine.
Speaker 1: My FM's Valentine, and he is about to talk about
Speaker 1: fire aid, which is a big deal that I heart
Speaker 1: and he are involved in. And we'll do that as
Speaker 1: we finish the show.
Speaker 2: You're listening to Bill Handle on demand from kf I
Speaker 2: AM six forty.
Speaker 1: Coming up is a pretty important event. And Valentine, who
Speaker 1: is a friend of mine who is heard on our
Speaker 1: sister station, my FM. He's on five am to ten
Speaker 1: am Monday through Friday, and I strongly urge you not
Speaker 1: to listen to him.
Speaker 2: Our show for God's sake. Well, we're pitching you val
Speaker 2: on this show.
Speaker 1: We're not pitching me what we're doing.
Speaker 5: I came down during my show just because I have
Speaker 5: that much respect for you that I wanted to bring
Speaker 5: an update to you about fire. A.
Speaker 2: Yeah, there's this is a big deal fire aid. I
Speaker 2: know you're interesting it, and so let's talk about it.
Speaker 2: So that starts.
Speaker 5: You can listen on all the iHeart FM stations here
Speaker 5: in southern California, but tune into one of four to
Speaker 5: three MIFM at seven o'clock tonight. This is so amazing
Speaker 5: how it came together so quickly, right the industry got
Speaker 5: behind this so quick, so fast, to raise money to
Speaker 5: help out these victims of this wildfire, of these wildfires,
Speaker 5: and the artists who coming to the stage. I don't
Speaker 5: know when we'll ever see an event like this ever again.
Speaker 5: Please God, we won't have to for any charity for
Speaker 5: any tragedies. But the people come to the stage. Bill
Speaker 5: you know all these artists, you know Billie Eilish, you
Speaker 5: know earth Wind and Fire, you know Atlantis. You know,
Speaker 5: Dave Matthews, John Mayer, I mean Green Day, John Fogerty,
Speaker 5: Joni Mitchell, no doubt, Pink Rod Stewart, Stevie Wonder.
Speaker 2: This list is crazy.
Speaker 5: Most of them can fill up a stadium on their own. Yeah,
Speaker 5: they do their own shows and they fill up the
Speaker 5: stadium and it's massive. But they're gonna come together for
Speaker 5: fire Aid. It all starts at seven clock tonight and
Speaker 5: raise just a buttload of money.
Speaker 2: Hey, so where is it.
Speaker 1: Is iHeart doing its own thing in terms of giving
Speaker 1: money or is it giving it to a specific organization
Speaker 1: or organizations? Do you have to know? So?
Speaker 5: I believe with this all the funds are for the
Speaker 5: wildfire relief efforts. We do our stuff with Dream Center
Speaker 5: as well.
Speaker 2: iHeart.
Speaker 5: We've done a ton of work with them, will continue
Speaker 5: to do that. But this is more of like people
Speaker 5: from all across the country will be donating to this
Speaker 5: effort tonight, and all that money will be put to
Speaker 5: great use, obviously helping the victims of the wildfires and
Speaker 5: also making sure that we don't have this situation to
Speaker 5: happen again. So a lot of this it's just gonna
Speaker 5: be an astrosmble amount of money, a lot of money obviously,
Speaker 5: and it'll go to the right efforts, I believe, all.
Speaker 1: Right, And you and Sistantly are holding are hosting this. Yeah,
Speaker 1: we're gonna be doing it. Yeah. And that's across all
Speaker 1: the stations.
Speaker 5: Across all the stations, and the iHeart stations across the
Speaker 5: entire country too.
Speaker 1: Oh, that's gonna be huge.
Speaker 2: Isn't that massive? Think about the platform that we have. Huge.
Speaker 1: It's been good for you.
Speaker 2: And how when you talk about how this came together?
Speaker 2: Did you put it together?
Speaker 1: They came to you?
Speaker 2: I mean, how how did this thing come together so quick?
Speaker 5: No, you're correct, Fire Aid is all me. I made
Speaker 5: this entire thing happen. No, Irving as Off and his
Speaker 5: team made this happen. And then iHeart we got together
Speaker 5: where the audio partner of this and it's in the
Speaker 5: bombers are going to match all the funds raised dollar
Speaker 5: for dollar tonight.
Speaker 1: That's incredible. So I know it's on my FM. What
Speaker 1: other radio stations is it on? Here? On the iHeart.
Speaker 5: Clusters, it's on all the other stations, It's on Coast,
Speaker 5: it's on Real, it's on all it's on Kiss.
Speaker 2: That the great thing about MYFM.
Speaker 5: We have increased our power for tonight and our clarity
Speaker 5: and ours will be the best signal to listen to.
Speaker 2: I think the others might even be a model.
Speaker 1: I have no idea.
Speaker 5: So you really want to listen to one of four
Speaker 5: to three MYFM tonight if you want to hear this
Speaker 5: audio and crystal clear quality.
Speaker 1: For those of you that wonder, is Val really this
Speaker 1: level of a dick in real life, the answer is absolutely.
Speaker 5: It didn't take long for you to go down a
Speaker 5: road like this. And this is all about the parking spot.
Speaker 5: And I have had so many people come up to
Speaker 5: me and go, boy, that handle really wants your parking spot.
Speaker 2: It's complaining about it. We'll do I'll do that story
Speaker 2: at some point. Val, thanks for putting it together, and
Speaker 2: well we didn't put it together. I didn't. Thanks for
Speaker 2: being part of putting it together. I'm giving you the credit.
Speaker 2: Thanks for being part of it.
Speaker 1: And hosting, and I know you're going to be We're
Speaker 1: excited a lot of kudos, So a lot of kudos
Speaker 1: that you and Systney deserve.
Speaker 5: Seven o'clock tonight, my event. Tune in what a four
Speaker 5: point three.
Speaker 2: Okay, guys, Yeah, we're done.
Speaker 1: Thanks val.
Speaker 2: Thanks Coming up, Gary and Shannon.
Speaker 1: They're going to have Jay Ratliffe, who we had earlier
Speaker 1: this morning, as well as Amy, the iHeart Aviation expert,
Speaker 1: who's going to give us the latest, give them the
Speaker 1: latest on what's going on with the investigation now and
Speaker 1: the recovery efforts no longer of course, they're not looking
Speaker 1: at any rescue attempts, so that's coming up. Also, I'm
Speaker 1: taking phone calls for handling the law off the air.
Speaker 1: The number is eight seven seven five two zero eleven
Speaker 1: fifty eight seven seven five two zero eleven fifty marginal
Speaker 1: legal advice.
Speaker 2: And there as.
Speaker 1: Always no breaks, no news, no weather, and no patience
Speaker 1: on my part, so as you can imagine, go through
Speaker 1: the calls very quickly. Eight seven seven five two zero
Speaker 1: eleven fifty. Coming up, Gary and Shannon, and we'll see
Speaker 1: you tomorrow five o'clock in the morning wake up call
Speaker 1: with Amy and then the rest of us are here.
Speaker 2: This is KFI AM six forty.
Speaker 1: You've been listening to the Bill Handle Show. Catch my
Speaker 1: show Monday through Friday six am to nine am, and
Speaker 1: anytime on demand on the iHeartRadio app